Formfactor Stock Buy Hold or Sell Recommendation

FORM Stock  USD 44.85  1.46  3.36%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding FormFactor is 'Cautious Hold'. Macroaxis provides FormFactor buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FORM positions. The advice algorithm takes into account all of FormFactor's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting FormFactor's buy or sell advice are summarized below:
Real Value
41.45
Target Price
39.5
Hype Value
44.96
Market Value
44.85
Naive Value
44.2
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell FormFactor given historical horizon and risk tolerance towards FormFactor. When Macroaxis issues a 'buy' or 'sell' recommendation for FormFactor, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out FormFactor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.
In addition, we conduct extensive research on individual companies such as FormFactor and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards FormFactor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute FormFactor Buy or Sell Advice

The FormFactor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on FormFactor. Macroaxis does not own or have any residual interests in FormFactor or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute FormFactor's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell FormFactorBuy FormFactor
Cautious Hold

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon FormFactor has a Mean Deviation of 2.11, Semi Deviation of 2.4, Standard Deviation of 2.82, Variance of 7.95, Downside Variance of 6.12 and Semi Variance of 5.75
FormFactor advice module can be used to check and cross-verify current investment recommendation provided by analysts reviewing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure FormFactor is not overpriced, please confirm all FormFactor fundamentals, including its revenue, cash flow from operations, working capital, as well as the relationship between the cash per share and number of employees . Given that FormFactor has a price to earning of 21.12 X, we urge you to verify FormFactor market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

FormFactor Trading Alerts and Improvement Suggestions

FormFactor is unlikely to experience financial distress in the next 2 years
Over 99.0% of the company shares are owned by institutional investors
Latest headline from techtimes.com: Nations Top Gaming Companies Form ROGA to Promote Responsible Gaming

FormFactor Returns Distribution Density

The distribution of FormFactor's historical returns is an attempt to chart the uncertainty of FormFactor's future price movements. The chart of the probability distribution of FormFactor daily returns describes the distribution of returns around its average expected value. We use FormFactor price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of FormFactor returns is essential to provide solid investment advice for FormFactor.
Mean Return
0.19
Value At Risk
-4.64
Potential Upside
4.38
Standard Deviation
2.82
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of FormFactor historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

FormFactor Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as FormFactor is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading FormFactor backward and forwards among themselves. FormFactor's institutional investor refers to the entity that pools money to purchase FormFactor's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Goldman Sachs Group Inc2023-12-31
1.8 M
Geode Capital Management, Llc2023-12-31
1.8 M
Sei Investments Co2023-12-31
1.4 M
Silvercrest Asset Management Group Llc2023-12-31
1.3 M
Victory Capital Management Inc.2023-12-31
1.2 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Massachusetts Financial Services Company2023-12-31
969.7 K
Northern Trust Corp2023-12-31
857.8 K
Charles Schwab Investment Management Inc2023-12-31
825.5 K
Blackrock Inc2023-12-31
11.9 M
Vanguard Group Inc2023-12-31
9.5 M
Note, although FormFactor's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

FormFactor Cash Flow Accounts

201920202021202220232024 (projected)
Capital Expenditures20.8M55.9M66.5M65.2M56.0M28.1M
Net Income39.3M78.5M83.9M50.7M82.4M86.5M
End Period Cash Flow147.9M191.1M155.3M110.0M179.0M144.3M
Change To Inventory(14.3M)(22.2M)(31.7M)(28.8M)(9.5M)(10.0M)
Change In Cash47.4M43.2M(35.8M)(45.4M)68.6M72.0M
Free Cash Flow100.2M113.4M72.9M66.5M8.6M8.1M
Depreciation44.9M48.7M44.5M38.0M44.8M32.2M
Other Non Cash Items5.5M10.7M13.2M36.2M(56.9M)(54.1M)
Change To Netincome39.6M33.4M10.9M52.2M60.0M63.0M
Investments(25.1M)8.7M(58.2M)(78.7M)(73.7M)(70.0M)
Change Receivables481K(3.5M)(9.1M)26.0M23.4M24.6M
Net Borrowings(6.6M)(25.5M)(9.3M)(8.4M)(7.6M)(7.2M)

FormFactor Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to FormFactor or Semiconductors & Semiconductor Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that FormFactor's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a FormFactor stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.11
β
Beta against NYSE Composite2.30
σ
Overall volatility
2.92
Ir
Information ratio 0.02

FormFactor Volatility Alert

FormFactor currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of -0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure FormFactor's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact FormFactor's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

FormFactor Fundamentals Vs Peers

Comparing FormFactor's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze FormFactor's direct or indirect competition across all of the common fundamentals between FormFactor and the related equities. This way, we can detect undervalued stocks with similar characteristics as FormFactor or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of FormFactor's fundamental indicators could also be used in its relative valuation, which is a method of valuing FormFactor by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare FormFactor to competition
FundamentalsFormFactorPeer Average
Return On Equity0.096-0.31
Return On Asset0.0072-0.14
Profit Margin0.12 %(1.27) %
Operating Margin0.05 %(5.51) %
Current Valuation3.09 B16.62 B
Shares Outstanding77.6 M571.82 M
Shares Owned By Insiders1.16 %10.09 %
Shares Owned By Institutions98.84 %39.21 %
Number Of Shares Shorted2.2 M4.71 M
Price To Earning21.12 X28.72 X
Price To Book3.70 X9.51 X
Price To Sales5.08 X11.42 X
Revenue663.1 M9.43 B
Gross Profit308.26 M27.38 B
EBITDA82.76 M3.9 B
Net Income82.39 M570.98 M
Cash And Equivalents251.59 M2.7 B
Cash Per Share3.26 X5.01 X
Total Debt48.15 M5.32 B
Debt To Equity0.07 %48.70 %
Current Ratio3.15 X2.16 X
Book Value Per Share11.74 X1.93 K
Cash Flow From Operations64.6 M971.22 M
Short Ratio5.27 X4.00 X
Earnings Per Share1.05 X3.12 X
Price To Earnings To Growth0.71 X4.89 X
Target Price42.0
Number Of Employees2.12 K18.84 K
Beta1.18-0.15
Market Capitalization3.37 B19.03 B
Total Asset1.11 B29.47 B
Retained Earnings51.33 M9.33 B
Working Capital442.69 M1.48 B
Note: Insider Trading [view details]

FormFactor Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as FormFactor . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About FormFactor Buy or Sell Advice

When is the right time to buy or sell FormFactor? Buying financial instruments such as FormFactor Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities50.8M42.1M41.0M24.6M
Total Assets1.0B1.0B1.1B609.9M

Use Investing Ideas to Build Portfolios

In addition to having FormFactor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Global Macro ETFs Thematic Idea Now

Global Macro ETFs
Global Macro ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
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When determining whether FormFactor is a strong investment it is important to analyze FormFactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FormFactor's future performance. For an informed investment choice regarding FormFactor Stock, refer to the following important reports:
Check out FormFactor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running FormFactor's price analysis, check to measure FormFactor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FormFactor is operating at the current time. Most of FormFactor's value examination focuses on studying past and present price action to predict the probability of FormFactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormFactor's price. Additionally, you may evaluate how the addition of FormFactor to your portfolios can decrease your overall portfolio volatility.
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Is FormFactor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FormFactor. If investors know FormFactor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FormFactor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.05
Revenue Per Share
8.571
Quarterly Revenue Growth
0.013
Return On Assets
0.0072
Return On Equity
0.096
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FormFactor's market value can be influenced by many factors that don't directly affect FormFactor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.